Arcimoto Inc. filed SEC Form 8-K: Entry into a Material Definitive Agreement, Financial Statements and Exhibits
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Item 1.01 Entry into a Material Definitive Agreement.
On January 11, 2024, Arcimoto, Inc., an Oregon corporation (the “Company” or “Arcimoto”), entered into an Exclusive Contract Manufacturing Agreement with Ellectramobilys, a French corporation, to build Muses GEN1 300 light electric utility vehicles. Ellectramobilys will place orders with the Company from time to time and will provide a rolling, fifty-two (52) week forecast to allow Arcimoto to obtain the necessary raw materials. Pricing for each vehicle is to be established. Payment terms are net thirty (30) days. Ellectramobilys will indemnify Arcimoto from all claims for product liability and will be deemed the manufacturer for all regulatory-related purposes, such as certification, testing and labeling for Federal Motor Vehicle Safety Standards. A copy of the agreement is attached as Exhibit 10.1.
Item 9.01. Exhibits.
(d) Exhibits.
| Exhibit No. | Description | |
| 10.1 | Form of Exclusive Contract Manufacturing Agreement | |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| ARCIMOTO, INC. | ||
| Date: January 18, 2024 | By: | /s/ Christopher W. Dawson |
| Christopher W. Dawson | ||
| Chief Executive Officer | ||
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